환경친화지정기업의 경영성과에 관한 연구 = Study on Management Performance of Environment-Friendly Firms

다국어 초록 (Multilingual Abstract)

This study tests four hypotheses on management performance of environment-friendly firms. The hypotheses are that ⅰ) environment-friendly firms are lower management performance than general firms, ⅱ) high cost environment-friendly firms are lower management performance than lower cost ones, small and medium environment-friendly firms lower management performance than large ones, and long-term environment-friendly firms higher management performance than short-term ones. The major findings are that the first hypothesis is not supported at the 5% significance level and the second one is also not supported at the 10% significance level. The third one is supported in terms of stability since large firms are more stable small and medium ones at the 5% significance level. The last one is not supported since short-term environment-friendly firms are more stable than long-term ones in the 10% significance level.

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